It could happen but would require a + $15 product price.    Don't see that for a bit yet. No declared bankruptcy yet.      Need those pipe lines and more nuclear reactors for electricity to be built. Or anything else that requires a high grade steel around the World. 

 Bottom left corner for anyone who supports Northern Gateway project no matter where your from.   The people who are protesting it are not all Canadians.   There for neither do the folks who support it have to be. The oil and the spin offs will  benefit not only Canadians but also those who receive or are directly or indirectly invested it.      Unfortunately it seems only the protesters take the time to make their voices heard.  And the squeaking wheel always gets the grease.